MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations

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The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA, known for tokenizing real-world assets (RWAs) and its partnerships with Google Cloud […]

Senate Democrats Propose Emissions Caps on Crypto Mining and AI Data Centers

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Democratic Senators Sheldon Whitehouse and John Fetterman introduced the “Clean Cloud Act of 2025” this week, proposing regional emissions limits and financial penalties for cryptocurrency mining operations and artificial intelligence (AI) data centers that exceed environmental standards. Senate Bill Aims to Impose Fines on High-Emitting Crypto Mines and Data Centers The bill, formally titled the […]

4.5M ETH Burned, Yet Supply Grows: Ethereum’s Deflation Dilemma

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Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. […]

Commerce Secretary Lutnick walks back tariff relief on electronics

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Commerce Secretary Howard Lutnick walked back the recent reciprocal tariff exemption on select electronics announced in an April 12 bulletin from the United States Customs and Border Protection. On April 13, Lutnick told ABC News that the reciprocal tariff exemption was temporary until the administration established a sector tariff regime for semiconductor products, which includes […]

Unocoin Launches Bitcoin Payments Over Lightning Network in India

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Unocoin, India’s longest-standing cryptocurrency exchange, has announced the integration of the Lightning Network, powered by Voltage, marking an advancement in bitcoin and stablecoin adoption within the growing Indian crypto market. This new feature allows Unocoin users to send and receive bitcoin and tether ( USDT) instantly and at a fraction of the cost of traditional […]

China Demands US ‘Completely Cancel’ Tariffs After Trade Spat Escalates

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China isn’t budging following U.S. President Donald Trump’s move to slap a 145% tariff on the country. On Sunday, the Chinese Ministry of Commerce fired back, saying the United States must rethink what it called an “erroneous” approach—urging Washington to “completely cancel” the tariffs in no uncertain terms. Chinese Foreign Ministry Warns: Americans Will Pay […]

HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center

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Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial intelligence (AI) infrastructure firm Cerebras Systems. Cerebras, Bit Digital Partner on Tier 3 Data Center Near Montréal The publicly listed bitcoin mining entity Bit Digital (Nasdaq: […]

Bitcoin Sees First Discount in South Korea in 4 Months Amid Trump’s Trade Turmoil

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Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean […]

Economic Woes and De-Dollarization Drive Historic Gold Rally

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Gold prices have surged over 36% in the past year, now coasting along at a record $3,237 per ounce as of April 13, 2025, driven by central bank acquisitions, geopolitical instability, and shifting monetary policies. Gold’s 2025 Rally Tops $3,200 on Trade Wars and Fiscal Risks Gold prices have climbed relentlessly over the last 12 […]

Trump’s Tariff Clock Is Ticking Again for Consumer Tech

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The Trump administration’s recent tariff exclusions on consumer electronics may only offer temporary relief. U.S. Commerce Secretary Howard Lutnick clarified Sunday that smartphones, computers, and certain electronics—previously granted a reprieve—could still face a new round of tariffs within the next month. Speaking on ABC’s “This Week,” Lutnick said these products, along with semiconductors, may be […]